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Vedmedyk [2.9K]
1 year ago
12

Will, the owner of Will’s Landscaping, was talking to a visitor in his office, telling her that "We are a fun-loving group that

believes in teamwork and a family atmosphere at work, which significantly affects our work outcomes. Plus, we do things together outside of work. This is the 'social glue' that binds the members of our company together." Will was referring to his company's:
Business
1 answer:
hammer [34]1 year ago
6 0

Answer: clan culture  

               

Explanation: In simple words, it refers to a corporate culture model that focuses on aligning the goals and objective of different employees together so that maximum output and  satisfaction could be derived.

  Google and zappos are two of the many examples of companies following such structure. Under this, the company makes efforts for maximum interaction among the employees so that they can exchange ideas and beliefs leading to loyalty and harmony between each other.

Hence from the above we can conclude that Will is referring to clan culture.

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Wallen Corporation is considering eliminating a department that has an annual contribution margin of $80,000 and $160,000 in ann
Leya [2.2K]

Answer:

The correct answer is D.

Explanation:

Giving the following information:

Annual contribution margin of $80,000 and $160,000 in annual fixed

costs.

Of the fixed costs, $50,000 cannot be avoided.

<u>To calculate the financial impact on income, we need to use the following formula:</u>

Effect on income= avoidable fixed costs - contribution margin

Effect on income= 50,000 - 80,000

Effect on income= -$30,000

3 0
1 year ago
Given a need to raise capital of $2 million and attorney costs of $150,000, with an underwriter's spread of 3%, the amount of bo
ipn [44]

Answer:

The amount of bond issuance is $2,085,500

Explanation:

The computation of the amount of bond issuance is shown below:

= Raise capital + attorney cost - underwriter spread

= $2,000,000 + $150,000 - 3% of $2,150,000

= $2,150,000 - 3% of $2,150,000

= $2,150,000 - $64,500

= $2,085,500

Hence, the amount of bond issuance is $2,085,500

We simply applied the above formula so that the correct value could come

6 0
1 year ago
If a check correctly written and paid by the bank for $648 is incorrectly recorded on the company's books for $684, the appropri
yawa3891 [41]

Answer:

add $36 to the book's balance.

Explanation:

Since in the question it is given that the check amount is $648 which is to be paid by the bank is recorded incorrectly in the company books for $684

So the difference of $36 would be added to the company book balance and no adjustment would be made in the bank balance

This addition would balance the both book balance and the bank balance.

7 0
1 year ago
Which of the following statements best describes the law of diminishing marginal utility?
-BARSIC- [3]

The law of diminishing marginal utility states that as a person increases consumption of a good while keeping consumption of other products persistently then there is a drop in the marginal utility<span> that person descends from consuming each extra unit of that product. So the answer is letter C.</span>

8 0
1 year ago
The General Fund levies property taxes in the amount of $1,000,000 for calendar year 2019. It expects to collect $950,000 during
Musya8 [376]

Answer:

Under the accrual basis, it should recognize $1,000,000 as property tax revenue for the year 2019.  The remaining $45,000 that it does not collect in year 2019 will be accounted for as Property Tax Receivable while the $5,000 will be recorded as Uncollectible Expense in 2019.

Explanation:

The accrual concept or basis of accounting requires that all revenues and expenses relating to a fiscal year be recognized in that accounting year.  It is not only the actual cash receipts and payments that should be recognized.  This means that any revenue that is due but not yet received will be accounted for in the year that the revenue arises.  And all the related expenses for raising the revenue will also be accounted for in the same year.

8 0
2 years ago
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